Nebius Group Raises Data Center Power Guidance and Breaks Ground on U.S. AI Factory
Nebius Group raised its contracted data center power capacity guidance for 2026 by one-third to at least 4 gigawatts, contributing to a 24.2% weekly stock gain. The company also announced the start of construction on its first U.S.-based AI factory and reported strong growth in AI cloud revenue despite increasing net losses.
Topics: AI infrastructure data center capacity stock performance